Taiwan: Consumer prices drop in September
Consumer prices fell 0.11% from the previous month in September, contrasting August’s 0.17% rise. September’s result marked the sharpest fall in prices since May. The downturn was largely broad-based, with reduced price pressures recorded for food, housing, and transportation. Prices for education and entertainment goods also dropped.
Consumer prices fell 0.6% year-on-year in September, edging down from August’s 0.3% decrease. September’s reading represented the largest fall in consumer prices since June. In addition, the trend pointed down slightly, with coming in at minus 0.1% in September (August: 0.0%).